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LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase

PYMNTS

LVMH CEO Bernard Arnault said in November that Tiffany would “thrive for centuries to come” under his company’s management. jewelry market. L Brands’ Victoria’s Secret, for example, will not be going through with a deal to be acquired by Sycamore Partners, CNBC reported.

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LVMH, Tiffany Engage In Luxurious War Of Words

PYMNTS

The two ultra-high-end brands were supposed to be part of the same happy family after LVMH agreed to buy Tiffany earlier this summer, but the deal has dissolved into courtroom battles and public recriminations. In the balance lies the future of one of retail’s truly iconic luxury brands. LVMH said Tuesday (Sept. billion takeover.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

While the blockchain-related announcements range from the credible to the laughable to the possibly criminal, the analysis overall demonstrates the market’s bullish attitude toward blockchain and crypto. Companies are arranged in descending order of market cap (as of 03/16/18). . Exchange: OTC Markets. Longfin corp.

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CVS Pay Joins The M-Pay Bandwagon

PYMNTS

With the app, customers will have the ability to refill, manage multiple prescriptions and get alerts when ready, as well as pick up and pay using a single barcode. Brian Tilzer, CVS’ senior vice president and chief digital officer, says that the brand is “excited” by the rate of consumer adoption observed so far.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Banks are among the growing number of financial services giants investing in blockchain startups such as R3 CEV, which is working with an 80+ member consortium of banks, regulators, and technology partners to develop Corda, a blockchain platform designed to be the “new operating system” for financial markets. Cloud storage .